Download Medical Notes on The financialisation of Big Pharma

The financialisation of Big Pharma Medical Notes

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Description:The affordability of medicines and access to those is a very hot topic nowadays. One of the main contentions given in the defense of high drug prices is the cost incurred in developing new pharma products. This report examines the role of a financialised pharma business model in justifying the cost of medicines and the profit margins of pharmaceutical companies. The coronavirus COVID-19 pandemic has brought forth the many weak points created by the financialised business model of Big Pharma. This model of Big Pharma has also prevented the world from preparing for the healthcare crisis we are facing today. The rapidly growing debt liabilities of pharmaceutical companies have not been diverted towards developing productive capabilities or getting engaged in R&D. These debt liabilities of pharmaceutical companies have instead been largely distributed to shareholders. Now that the world loo

Tags:Big Pharma, coronavirus, COVID-19, pandemic, healthcare systems, pharmaceutical companies, R&D

Published on: Jun 29, 2020 | Views : 1142 | Downloads : 0

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